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Subcommittee advances bill requiring tax-compliance certificates for state contracts over $250,000
Summary
The Capital Construction Subcommittee voted Feb. 27 to move HB 4016, with A4 and A6 amendments, to the full Ways and Means Committee. LFO said the bill requires vendors with contracts over $250,000 to obtain a Department of Revenue tax-compliance certificate and added five FTEs to implement the policy.
The Capital Construction Subcommittee voted Feb. 27 to move House Bill 4016, as amended, to the full Ways and Means Committee with a due-pass recommendation.
The Legislative Fiscal Office told the committee the measure ‘‘requires businesses to obtain a certificate from the Department of Revenue stating that they are in compliance with the tax programs administered by DOR’’ for contracts valued…
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